Glaukos Corp (GKOS)

Return on equity (ROE)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	-146,372	-149,571	-158,606	-140,873	-134,661	-129,342	-126,474	-139,198	-99,195	-89,607	-55,801	-27,747	-49,593	-38,369	-60,347	-82,759	-120,348	-73,119	-70,877	-37,292
Total stockholders’ equity	US$ in thousands	766,931	668,509	665,159	450,730	461,766	477,659	488,811	508,514	530,005	548,554	562,477	597,564	587,151	601,049	584,325	589,774	667,449	661,563	662,424	641,299
ROE		-19.09%	-22.37%	-23.84%	-31.25%	-29.16%	-27.08%	-25.87%	-27.37%	-18.72%	-16.34%	-9.92%	-4.64%	-8.45%	-6.38%	-10.33%	-14.03%	-18.03%	-11.05%	-10.70%	-5.82%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-146,372K ÷ $766,931K
= -19.09%

Glaukos Corp's return on equity (ROE) has exhibited a downward trend over the past few years, declining from negative percentages in the range of -5.82% to -11.05% in 2020 to even lower rates in subsequent years. The ROE further deteriorated to -31.25% by March 31, 2024, showing a consistent negative pattern.

This negative trend in ROE suggests that Glaukos Corp is facing challenges in generating profit from its equity capital. A decreasing ROE could indicate inefficiencies in the company's operations, declining profitability, or poor management of assets in relation to the shareholders' equity.

Investors and stakeholders may be concerned about the company's ability to generate returns on the equity invested in the business. It is important for Glaukos Corp to address the root causes of this declining trend in ROE to enhance its financial performance and maintain the confidence of its investors.